Streetbeat News

Partnerships

DNA

NVO

Ginkgo Bioworks has expanded its strategic partnership with Novo Nordisk under a new framework agreement set to last for five years. This collaboration aims to leverage Ginkgo's biotechnology capabilities to support Novo Nordisk's product development efforts.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:04 am

KD

NET

Kyndryl (NYSE:KD) and Cloudflare, Inc. (NYSE:NET) have expanded their partnership through a global strategic alliance aimed at driving enterprise network transformation, multi-cloud innovation, and zero trust security. This collaboration leverages Kyndryl's consulting services and expertise in networking, security, and resiliency with Cloudflare's connectivity cloud solutions.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:03 am

EBAY

eBay and Collectors have entered into definitive agreements for a series of transactions. These include a commercial agreement, eBay's acquisition of Goldin from Collectors, and Collectors' acquisition of the eBay Vault from eBay. This strategic move aims to enhance eBay's position in the collectibles market while allowing Collectors to expand its services.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:02 am

CSTM

Constellium SE has entered into a partnership with PyroGenesis Canada to explore the use of plasma torch technology in its decarbonization efforts. This collaboration aims to test the effectiveness of plasma torch technology in reducing carbon emissions, aligning with Constellium's commitment to sustainability and environmental responsibility.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:01 am

VIAO

Via Optronics and Grupo Antolin-irausa, S.A.U. introduced their Sunrise Vehicle Cockpit Concept at an event in Nuremberg, coinciding with the 'embedded World' exhibition in Europe. This new concept showcases the latest advancements in vehicle cockpit technology.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:32 am

INFY

INTC

Infosys and Intel have expanded their strategic collaboration to accelerate AI adoption in global enterprises, aiming to enhance cost efficiency and performance. This partnership leverages Infosys Topaz and Intel's computing innovation to offer advanced AI solutions.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:18 am

VLN

Valens Semiconductor has partnered with Sony Semiconductor Solutions to complete EMC testing of a multi-vendor A-PHY link, moving closer to a mature Sony A-PHY-integrated image sensor compatible with Valens' VA7000 deserializer chip.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:12 am

BB

ETAS GmbH and BlackBerry QNX have entered into a contract to collaboratively sell and market software solutions aimed at expediting the development of safety-critical functions for software-defined vehicles. This partnership signifies a strategic move to enhance the capabilities and reach of both companies in the rapidly evolving automotive software market.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:03 am

XPEV

XPeng Inc (NYSE:XPEV), a Chinese EV maker, is experiencing stock gains due to its expansion in Hong Kong through a dealer partnership with Sime Darby Motors. This move is part of XPeng's global expansion strategy, leveraging Hong Kong's international business hub status. The company plans to introduce its latest EV models, including the G6 and X9, in mid-May with deliveries starting in Q3. Additionally, XPeng is expanding into Macau with XIN KANG HENG HOLDING LTD, planning to offer multiple models. As of the end of 2023, XPeng's cumulative delivery volume exceeded 400,000, with over 140,000 vehicles delivered in 2023. In March 2024, XPeng reported a 99% increase in Smart EV deliveries over the previous month and a 29% year-over-year increase. XPEV shares rose 3.35% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 9:55 am

BA

IBM

MSFT

MU

PFE

WDC

Japanese Prime Minister Fumio Kishida has called on US tech giants to increase their investments in Japan, particularly in emerging technologies like semiconductors, AI, and quantum computing. This move aims to strengthen economic ties and stimulate Japan's economy. Notable attendees at a roundtable in Washington included executives from IBM, Pfizer, Boeing, Micron Technology, and Western Digital. The discussions precede a summit with President Joe Biden, focusing on economic cooperation. Additionally, Microsoft announced a $2.9 billion investment in Japanese data centers, highlighting the growing interest in Japan as an investment destination.

Portfolio Pulse from Benzinga Neuro

April 10, 2024 | 9:24 am